Month: October 2017

Whether to buy new or sale flat, solely depends on your choice of living, financial resources as well as time available with you. Hence, to decide on buying a new or a resale flat list down all your priorities and check how far they would be sufficed. Let us now take a look at some of the factors that can influence your decision of buying new or resale flat.

Factors for Buying New or Resale Flat

If you are running under shortage of time, you are recommended to go for resale flat. In fact, buying for a resale flat which is ready for sell would be a good idea. On the other hand, going for a new flat, which is in halfway might incur many risks as in India neither the purchasers nor the builders are sure of the exact date of completion of projects.

Another factor that goes in favor of buying resale flat, is the location of the property. Resale flats are usually located within the city limits. Whereas, the newly built projects usually find their way in suburban location or the city extensions. Hence, if you manage to get a resale flat in good shape, located at a prominent position, do not waste any further time on hunting for newly built flats.

The biggest factor that stays on the way for going ahead for resale flats is that their age. The resale flats are old and hence, all troubles related to the age of the structure might crop up once you have bought it. The newly built flats are competitively younger in age with good structural strength.
If you have limited money, newly built flats would be perfect. Due to their good position the resale flats are usually sold at greater price. The new flats would be costing you about 50% to 60% of the price of the resale flats.

The advancement of technology and the growing competition among the developers have resulted construction of innovative residential projects that are well equipped with amenities of modern lifestyle. The green and eco-friendly surroundings enable the residents of newly developed projects to enjoy a more healthy and peaceful living.

After you’ve been investing in real estate for a period of time – or maybe even in the idea stage – you might become interested in turning your investment into a business. While a lot of investors don’t start their business until they’ve gained some experience, some investors start their business first. When you start, your business isn’t as important as the habits you form.

Sad to note but there’s no one way towards success in real estate investment; a lot of successful people walked on different paths but the end result is the same – success. Numerous as they are, but these paths have five key things that helped bring in success. These five key things are not demanding; they only need to be studied and applied in your business.

1. Focus on building your real estate investing business. There are two key parts of a real estate investing business – the investing and the business itself. You can’t sacrifice either of these components for the other. Building the business is important especially in the early stage if you’re planning longevity for your income-earner.

2. Beat your competition on more than just price. Low-price may have worked for Wal-Mart, but don’t depend on it to work for you. If the only thing that makes you better than the next guy is lower price, then you should rethink your real estate investing strategy. Don’t waste your profit margins trying to undercut other investors, for sale by owners, and real estate agents.

3. Don’t be afraid to work solo. If there’s one thing most successful real estate investors have in common, it’s an entrepreneurial attitude towards their business. You might have cold-feet about building a real estate investing business on your own and don’t be discourage, this is normal. You must also remember that it’s perfectly alright to make mistakes as long as you quickly learn from them – and don’t repeat them over and over again.

4. Learn to delegate tasks to capable employees – Delegating tasks to capable employees is another trait of a successful investor. If you begin to notice that you cannot do all the tasks needed to continue your business growth even if you do overtime, then its time for you to hire people. Hiring is not a matter of “yes” or “no”, but a matter of “when” especially if your business is growing.

5. Ensure quality at all times – When prices are climbing, you must resist temptation to hire discounted labor or buy discounted materials; you can do this but not to the extent where your product becomes weak and substandard. Words come around fast, your customers will talk about you and if they find your work worrying, for sure other potential buyers will know about it. However, if they know that you have their family’s safety as your number one consideration by building sturdy homes; they’ll most likely recommend you to other buyers.

Remember also that the key things I have mentioned above are not the only things that you can do to ensure your success in your real estate investing business. You’re going to learn other important points as you go forward in your business because, still, experience is the best teacher.

The well-known Pinsent Masons law firm published results of a conducted study indicating that the number of so-called investment visas issued to foreigners in Great Britain has increased from 235 in 2010-2011 to 419 in 2011-2012, that is by as much as 78 percent. In 2012, a record was set by the citizens of Russia: they are leaders in terms of visas granted making 24 percent of the total number of successful applicants (for comparison, the Chinese are behind by 1 percent).

Today, many countries offer citizenship in exchange for investments. For instance, until recently Germany had a law in force guaranteeing German citizenship granting for the purchase of commercial real estate or an operating enterprise with a minimum value of EUR 250 thousand as well as providing employment for five persons. At that, the law did not prohibit acquisition of operating enterprises on credit. As of August 1, 2012 the strict requirements to investment amounts were abolished. Two years ago, the corresponding amendments to the immigration law were made also in Latvia. The effect is obvious: from July 2011 to July 2012 the foreign investors have paid for real estate in the country 2.3 times more than during the previous period, says Martin Hormuth, the PHL owner. Recently, the Bulgarian Parliament also voted for the benefits to investors: soon the wealthy people will be able to gain Bulgarian citizenship under a simplified procedure, whereas according to the latest information the investment amount for that is circa EUR 100 thousand. The same amount of investment, i.e. EUR 100 thousand, ensures granting the right of permanent residence in both Romania and Croatia. Hungary keeps pace too: according to the local parliament idea, citizenship of this country shall be granted to those investing EUR 250 thousand.

“Legislation in all these countries provides for quite a loyal attitude and the permanent residence right to investors”, says Martin Hormuth. “Therefore today wealthy citizens of CIS countries prefer to invest in profitable European projects with a promising business plan – this concerns not real estate only, but also office and trade property, as well as construction of recreational facilities. They come to Europe not only to increase their capital, but also to secure it. Investments in the real estate in countries with a stable economy provide for reliability and safety”.

PHL international company headed by Martin Hormuth is well represented in Eastern Europe. 18 building projects in Berlin have been realized with Mr Hormuth’s direct participation, each of them being a success. Recently, a contract involving a retail trade facility in Germany with a payback period of 10 years has been concluded. Martin Hormuth’s company has been engaged in a number of prestigious projects in Europe including a luxury golf resort in the area of 130 ha in Croatia on the Adriatic Sea coast, a shopping centre in Varna, Bulgaria, and other large-scale projects. Martin Hormuth is a recognized expert in the international market. As an honourable and experienced professional in the field of management and development, Martin was involved in large-scale projects of GTC company headed by Mr Eli Alroy.

Selling real estate is always a topic of interest for any home owner. The average American will sell a house every five to seven years. Given a 90 year life expectancy and assuming you buy your first house at age 30. You can expect to selling 8 to 12 houses in your life time.

When it comes to selling a home it can be a very hectic and emotional time. There is a lot of money, memories and family history involved with selling a home. That is why it is best to take an outsider approach to selling real estate. Try to shake off the emotions and think like a potential buyer looking for a new home.

There are typically only 3 ways to sell real estate and some will leave you with more money and create a faster sale than others. There are advantages and disadvantages to each type of home selling process so chose the best option for your particular home selling situation.

Sell your house fast with out a real estate agent
One of the quickest ways to sell real estate is to contact a local real estate investor or home buyer in your area and receive an offer on your house. These real estate professionals exist in every major metropolitan area across the United States and make a living off of investing in real estate.

There is a myth that all real estate investors are out to make a quick buck and take advantage of home owners. Just like any profession there are reputable home buyers and there are dishonest ones. The truth is, real estate investors are a great asset to any home seller.

Most know more about real estate than a typical real estate agent. They are familiar with short sales, helping home owners avoid foreclosure, lease options, rent to own programs, and best of all most can pay cash and create a quick close on your house.

How can it cost you less to sell your home to a real estate investor? Because you are selling real estate directly directly to a buyer there are no real estate agent commissions involved which is typically 6 percent of your sale value. This can add up to tens of thousands of dollars. Instead of paying a real estate agent commissions you are giving some of that money in equity to the new home buyer or investor.

Another awesome advantage of selling your real estate to a local home buyer is the over all home selling process. Through any typical home selling process you would have to spend thousands of dollars stagging your home for sale. You have to leave your home every time a potential home buyer wants to view your home. This can make the home selling experience even more emotional than it already is.

When you sell your house fast to a real estate investor they will buy your house as is. You do not have to spend money on fixing up your house to create curb appeal. You don’t have to leave your house every evening so people can walk through your home critiquing your home decorations. A home buyer will quickly wall through your home, ask you a few questions about the homes history and give you an offer then next day.

So if you need to sell your house fast, consider receiving a free, confidential, no obligation offer for your house from a local home buyer. It will not cost you anything, you will receive an offer on your house, you will not have to pay any real estate commissions, and you just may receive an offer you can not refuse.

Selling real estate for sale by owner
The next best way to keep more cash in your pocket when selling real estate is to find a home buyer yourself and skip paying real estate commissions to an agent. This avenue is not for all home sellers. Real estate agents exist because they provide value and service. However if you have extra time, energy and are up to a challenge then selling your home for sale by owner could save you big dollars at the closing table.

One disadvantage of selling your house for sale by owner is the up front costs. Instead of a realtor taking charge of the marketing of your home, you will be the main marketing avenue to get the word out. Some of the out of pocket expenses will be getting your home in great shape to sell, and marketing. The best marketing money you can spend is to pay a for sale by owner company who will list your home on the multiple listing service, MLS.

This way you have captured the same marketing a real estate agent would use. This is also the best way to get thousands of potential home buyers to know your house is for sale. You will also have to pay for signs, internet listings and some paper work.

Selling your house with the help of a real estate agent
The more traditional way to sell real estate is to go through a real estate agent. This home selling option will leave you less money at the closing table but could yield a better experience than selling your home by yourself. After all, you are hiring a professional to take care of all the home selling tasks.

Note than you will still have some out of pocket expenses and some inconvenience. A good realtor will walk through your home and put a list together of things they suggest you do to make your home sell quicker and for a higher price. You will have to pay to upgrade certain items in your house, paint new walls, take down family photos and other tasks.

Typical real estate agents charge 6 percent of the sale price of your home as a commission. So if your home sells for 200,000 the real estate commissions would be 12,000. The agent will receive this payment at the closing table so you do not have to come up with this money out of pocket.

Buying commercial property is as challenging as purchasing real estate unit. Perhaps, it requires more skills to search for a good commercial unit than to look out for a dwelling place. Parameters like the location, the prominence and the appearance of your commercial property would be influencing your business to great extent. Hence, you must be very tactful while looking out for buying commercial property. Take a look at the following checklist for buying commercial property.

Important Checklist for Buying Commercial Property

Decide at first what kind of commercial property you are looking for. Whether it is an office space or a customer oriented commercial property like a book store or a cafe. For the later of the two, you would definitely require a space which has good location and ample space for the convenience of the customers.

For buying commercial property you are advised to take help of a good real estate agent. The real estate agent would help you in short listing the properties that fit best with your kind of business. He would use his professional experience to identify the locational needs of your business and accordingly may advise you to negotiate for the right property with the correct price quote.

Appointing a real estate agent is also quite useful as by doing so you would be free from the burden of tackling the complex legal paperwork. You need not have to be worry about filling and submitting of the forms and necessary documents required during the transaction as these will be taken care by the agent in your presence.

While buying commercial property, if you are left with some extra amount of money for investment, purchasing commercial unit with some extra space would be a good idea. In future, your business would certainly expand and as a result of which you might soon be requiring more space to accommodate your commercial needs. In that case, you may use the extra space bought by you. Else, you have to again start the long process of looking out for bigger commercial properties elsewhere.
While buying commercial property, make sure that you receive important documents like the NOC and such from the previous owner of the property.

Are you interested in buying a piece of property? With any major investment such as this, it is important to understand what you are getting and where the money is going. There are risks and rewards associated with every transition. Luckily, a savvy real estate lawyer can help you weigh options and make decisions that are best for your portfolio. The agents that manage available properties may possess a lot of knowledge about the buildings and sites themselves, but attorneys specializing in property transactions will know the most about what contracts should say and how the purchasing process should work.

One complicated situation in which the advice of a real estate lawyer may be invaluable has to do with property titles and disputes over those titles. The term title refers to a formal document, such as a deed, that proves one or more people are the legal owners of a piece of land. With a document like this also comes a particular set of rights which grant the owner or owners certain legal interests. Unfortunately, there are cases where a person buys a piece of property, receives a deed, and then finds out that someone else is laying claim to that property. Though it can be stressful to face such a dispute, a real estate lawyer can clear the matter up once and for all. These professionals know how to search property records in order to determine who should be in possession of the legitimate deed.

In the event that an investor would like to buy a foreclosed property, a real estate lawyer would be the person to set up negotiations with the bank and work out any remaining details concerning the finances. This is not necessarily a complicated process, but it is nice to have a go-between look over the paperwork and close the matter on your behalf. Plus, buyers who have attorneys monitoring their transactions can rest assured that all dealings are being handled above board.

So you see, hiring a competent real estate lawyer can save you a lot of time and undue hassle when adding to your current portfolio of homes and commercial properties. Keep one of these individuals on retainer if you plan to buy up some new tracts of land in the near future. You are sure to find this person’s insights quite helpful. Actually, they might even be able to protect you from making a detrimental investment mistake.

Real estate investments are often termed as low risk investments that can potentially yield good returns. A lot of people think that real estate is an easy business where you don’t really need to do anything. However, the truth is that real estate business does need you to put in some effort (if you really want to make profits out of it). The most important thing is to be able to uncover the real estate for sale that will yield profits. So how do you go looking for real estate for sale?

Generally, a lot of people start looking for ‘real estate for sale’ through the internet. And why not, internet is after all the hub of all information. So, you could look for real estate for sale using the search engines on the internet. You could also specify your requirements in search criteria on the real estate sites in order to get very specific results on real estate for sale. You can even view images and video of some of the properties thus reducing the need for personal visits for viewing. So, this is surely a good option for finding real estate for sale.

However, not everyone is tech-savvy and there are a lot of people who still take the approach of putting up an ad in the local newspapers. So look for real estate for sale in the local newspapers. In fact, there are some newspapers that are dedicated to just that i.e. real estate for sale. You could even go ahead and put up a ‘wanted’ ad in these newspapers. Sometimes, looking up for real estate for sale in old newspapers (like 1-2 months old) can help you get a good deal (in case the property owner has not been able to sale the property and has become a bit more ‘motivated’ to sell it).

MLS i.e. multiple listing service is often termed as one the best ways to look for real estate for sale. These are published by the real estate boards. If you can lay your hands on a MLS book as soon as it is out, you can really expect to get good deals. The key is to act fast. Open houses are another good way of getting the best out of time. You can get to see dozens of ‘real estate for sale’ properties in a very short period of time. And you never know when you might come across a property that is real gold.

Investor groups are yet another rich source of real estate for sale information. Of course, how can we forget the real estate brokers? Real estate brokers are one the most popular (and sometimes most effective) information resource for real estate for sale. Not only do they provide information about ‘real estate for sale’ but also assist in getting the deal finalized and closed.

Besides that, you can also get very good deals through public auctions, bank foreclosures, FHA and VA foreclosures and distress sales.

Shopping for real estate is a big deal in the lives of most people. You have to be sure that you are going to be able to find the right property at a price that you can afford. This can be very difficult at times, so you need to make sure that you are going to be able do your due diligence when researching properties in order to find the ones that are going to make the most sense for you. This can be easier said than done, and a lot of times people do not put enough thought into it. Take the following into account as you search for real estate in your area in order to find the best available option to you;

Commute

Remember, you are going to be driving to work on a daily basis, and it can be very hard to get used to a long commute. It takes a toll on you over time, so try to find a place that is going to limit your commute as much as possible. The first and most important thing is that you are able to maintain your livelihood and not lower your quality of life because you have decided to move. Make sure that you are willing to drive the distance that your work is from any of the homes that you are considering purchasing, and eliminate those that are too far away from your list in order to keep yourself from making a decision that you may regret down the road.

Square Footage

Also take the size of the home into account. Is there going to be enough room in the home for you? What if you were to have kids, and your family size increases? In that circumstance, would you be forced to sell the home? Having to sell a home while preparing for a child can be very difficult, and you have to make sure that you are going to be able to get the right sized house for you and your family. There are many things that need to be taken into account when evaluating the square footage including the amount that you are paying per foot, as well as how the home is laid out. You must make sure that the home has a desirable layout so that you do not regret your purchase at a later date.

Price

You also have to take the price of the home that you are purchasing into account. Also go into any purchase with a price budgeted for, that you are willing to pay, in order to ensure that you do not overspend and set your finances back a result. The price of the home will be determined by a number of factors including the size of the home, when it was built, and the location of the home relatively to things in the area. When looking for Houston Heights Homes For Sale, make sure that you are evaluating all the Houston Heights Real Estate in the area to ensure that you are getting the best possible home for you and your family. When looking for Houston Heights Real Estate or other Houston Heights Homes For Sale, there are many things that need to be taken into account. If you want to know more information,please visit our site:http://www.houstonheightshome.com

Many business entrepreneurs believe that changing the physical aspects of a commercial office space to increase the performance of the company is very important and serves as a motivating force to begin such renovations. They understand that renovating this space will increase its appeal and may help personnel become more productive and comfortable while working. Hiring the right contractor and interior designer is a requirement to achieve the desired results so that the space becomes an outstanding area in which to work and conduct business.

Reasons for Rejuvenating

There are many reasons to start a remodeling project, which could include: designing a healthy and safe working environment; enhancing the production rate; targeting new customers while retaining existing ones; and establishing a fresh environment for all employees. Whatever the reason is for wanting to undertake such a project, this change should also be geared toward maximizing the company profits and boosting its productivity level. Several factors should be considered before undertaking any kind of renovation to reach a desired business goal.

Important Considerations

It is important at the onset of such a project to think about all of the factors involved in a renovation such as business requirements, designs, sizes, traffic flow, and physical lay-out. Any company considering such an undertaking must have a clear objective as to why this huge venture is so important. Since the outcome of this project is so important, it is imperative that the needs of the business and the architectural design be closely coordinated. This is a very challenging business activity and a good contractor must be found who will provide proper guidance on the necessary steps that need to be taken so the project is successful. Again, there are many factors that should be thoroughly researched so that the outcome is satisfying for all impacted parties.

Planning

Prior to engaging in the actual process of remodeling, there needs to be adequate advance preparation. Planning is essential to work out any temporary conflicts and organize all the desired improvements to focus on saving time and money for the company. Ideas from employees regarding new design concepts or any other such employee feedback should be solicited. Once a strategic plan is in place, the renovation project is ready to begin.

Office Ideas

One important factor for area rejuvenation is the design. An attractive environment is beneficial to both workers and customers to boost both productivity and sales. Therefore, any office remodeling task should incorporate designs that will stimulate the performance of employees as well as attract more customers.

Contractor Selection

It is a cardinal rule to choose the right contractor to handle this type of project. Before hiring anyone for this job, it is important to check credentials with the Better Business Bureau (BBB). Although this is an important step to take, it should not be the only review attempt undertaken. It is best to check, research, and verify every available area contractor. Important factors to be considered include references, licenses, insurance, years of experience, credentials, and cost estimates.

Remodeling a commercial office space is crucial to enhancing business performance. It is always important to examine all factors necessary in the remodeling process such as the objective, planning, designs, and choosing the right contractors. By keeping these factors in mind, it can be ensured that an office remodeling project will be affordable and fit the needs of the business!

C. Michael Hunter is an expert in commercial real estate and office space information. To find out more about Dallas Commercial Office Spaces, go to the main website at: http://www.lcrgusa.com/.